 Sup guys, I'm having some big-time technical difficulties out here You guys see me here me everyone see me out here Not sure if this is working Having some issues Sorry, my hair is all fucked up. Sup guys. Can you see me here me? Give me like a thumbs up or like a yes or something. It's cold out here. It's not Justin Sorry, I was having some technical difficulties YouTube wasn't working my phone wasn't working It looks sunny as hell here, and it is sunny as hell. God damn it. Is it cold? So cool. There's so much wind man Sub cash sub Dino James. What's up, man? James, let's go to cost you a flight of Jersey and cut my hair, bro Where could you get a beard like this be stuck in quarantine in New Jersey the epicenter of fucking coronavirus? My hair is a mess. My friend Dan is a doctor, right? He's a doctor of like medicine and he's like a surgeon or some shit and this motherfucker is getting drunk and cutting all of our hairs So it's come to the point where I'm gonna let a drunken doctor cut my hair Alex got that Taliban look yeah before people used to call me homeless now the beard is so long They call me a fucking terrorist. It is cold man. What's up, Tosh? I hate this weather But I'm stuck at home man I am stuck at home and even going outside when it's freezing is worth it to me man What's up Luke first time here guys we're gonna give it about two or three minutes today So we start waiting for all the late people to get in here. What's up, David? A lot of people always show up ten minutes late. I have no idea how I fucking I don't know whatever I Hate when people are not punctual. I hate that I hate when people are late I hate when people are not fucking punctual. I always am on time and sometimes early So that's one of my pet peeves in case anyone gives a shit So if you ever have a meeting with me or you ever want to talk to me if you're fucking five minutes late I don't give a shit. We're not fucking working together Give me about a few minutes to start What's up guys? What's up? Victor is beard outrageous man outrageous. Hope everyone had a good 420. What's up, bow? Gonna give it maybe about one or two more minutes and then we're gonna start I'm telling you man I don't know what the fuck this neighbor does but this motherfucker always has a new Range Rover every goddamn day outside his house Yeah, Bowser feeling a little bit sick guy, so I've been picking it up and trying to do more recaps What's up Ricky? James Cory, what's up, man? Hey, Alex. Have you decided what punishment will be for screwing up your strategy? I actually did if you watch the last video I said that if I break a rule, I'm not allowed to have steak or chocolate cake for the week If you know anything about me, you know that I am addicted to steak and I love sweets So getting rid of that is enough punishment. Whereas if bow starts breaking his rules I'm gonna tell that motherfucker that he's not allowed to trade the next day And if I tell him that he will never break another rule in his entire life All right, so let me Clean up the lens and then let me get started. I was up guys So today is Wednesday. I usually do recaps every Monday. I did one this week, but There was a lot of good lessons today so I wanted to kind of get on here again and Kind of recap my traits for today and talk about a lot of stuff a couple house cleaning things I want to talk about before we start is number one Tosh hosts a new member webinar every single Wednesday at 2 p.m We hand out a link to the zoom webinar and we posted on YouTube as well So at 2 p.m. Market time either go on to YouTube our YouTube channel or check our Twitter For the links to the new member webinar today. This is kind of a walkthrough of MIC This is a walkthrough of the slack channel It is a walkthrough of everything that you need to know about the room Number two is if you are brand new trading or you have any questions about trading, man This is the best time to get into it, man This is the bet like I've I've been saying it non-stop every single day for the past month that every single day We've been having unreal opportunity in the stock market Usually what ends up happening is we have about one trade a day or one plated one play a day. That's the big money play Lately in this market. We are getting about five Brand-new plays every single day. We are getting so much action every single day if you fuck up on one play There's four other place to make money on Lot of people are getting into trading now The best thing about this is that you are quarantined at home and you have no time to do anything else If you're like me, you've seen every single Netflix show you've watched Money Heist you watch Tiger King You watched Orzark you watch everything on porn hub So now it's time to watch something that's going to teach you how to make money So if you have any questions about trading text us at 213-458-5997 It's not a robot. It's not an algo. It's actually Tosh. That's gonna help you So yeah guys make the most out of this quarantine Make the most out of being at home because right now you have a head start, right? You have a head start over everyone else most of the time you have to go to work Most of time you're stuck with your family most of the time you have things that occupy you from learning, right? So now for another couple weeks or another month, you're gonna be stuck at home So might as well take advantage of it might as well get the head start that you need now Because if you spend at least a month studying right now full-time You will cut your learning curve in half guys in half. So Anyway, that's what I want to kind of mention, but let's get into trading today, right? so Every single day every single day I do my best to stick to my process and what my process is is that Well, what I want to explain is that what my process does for me. It works for my personality, right? My exact process is Tweaked a little bit for bow is tweaked a little bit for James is tweaked a little bit for everyone based on their own Personalities right because everyone is different guys Everyone is a different type of trader on the type of person that wants to get in and out Right? I want to make my money get the hell out of there because I have the tendency to gamble away my gains after 10 30 And the way I found this out is I was tracking my statistics I talked to Brett steambarger about this stuff. So that's kind of what's been working for me So what works for me is I walk away at 10 30. I make these videos. I answer questions I try to work on stuff for MIC and the members. So that's kind of what's been helping me so Every single day right every single day just based on my personality I'm looking for the trades are gonna give me the least amount of stress because I want to do the least amount of work Right? I mean sure I work my ass off. Sure. I love what I do but at the end of the day the least amount of work that I do yields to the least amount of stress and That to me yields to the most amount of profits. So for me every day, I'm looking at the easiest setups of the day I want the setups that people don't give a shit about right? I want the setups that people don't look at the steps that people don't care about so Coming into today right coming into today. There was a lot of low-float stocks guys A lot of low-float stocks and when I say a low-float stock I mean a stock that has a float of like under two or three million, right? So any time a stock has a float of under two or three million I am immediately scared on the short side, right because to me to me a stock like that is Easily to be manipulated a company like that bow could buy right and we have a rule if bow could buy the company You are not allowed to fucking short it. So today there was a bunch of stocks running guys a bunch of stocks. There was KOSS was a low floater PECK was a low floater. I think there was one more it skips my mind But there were so many low floaters today and I kept saying guys This is not a short avoid it avoid it avoid it oftentimes Oftentimes we get suckered by seeing up 200 percent up 300 percent up 400 percent And we say there's no fucking way these things go higher and then they go up 800 percent 900 percent a thousand percent Then you're fucked right so anytime there's a stock that either bow could buy or the float is under two million I am immediately petrified of it, and I don't touch it on the short side So if you see these things remember before you enter a trade you always have to pre-plan your trades, right on These low floats if you see the float is a nano float a micro float Don't even fucking make a plan on it. Don't even have it on your screens. Let it go on the short side, right? Because back to what I said in the beginning of this video. I Am looking for the stocks that are the least amount of work. I don't want to fucking do a lot of work I don't want to be stressed when I'm trading. I'm already fucking stressed in the real world, man I don't need trading to stress my shit out more. So enter in SAEX SAEX is a former runner I've traded this stock at least at least 20 times in the past, right? So the way that I like to think of stocks is Compared to a girl, right? There's a bunch of different girls in this world, right? And all of them have different types of personalities So after talking to SAEX 20 times, I know it's personality I know she's the type of stock that as soon as the backside hits as soon as it fails It's not coming back, right? And that's because I've traded so many times in the past. That's because I treated it I know it's personality, right? I know the type of stock that it is So today on SAEX we had a hundred fifty percent gap. It was the very clear Very clear hot chick of the day pre-market, right? So every single day, there's gonna be a hot chick of the day There's gonna be the hot stock that people are watching and we don't know Which stock is gonna be the hot one of the day? So we use clues to find this out, right? So today on SAEX there was a top at 340 pre-market or 345 pre-market And it went down to like three bucks and kind of hovered around 320 and what ended up happening is this morning A chat room pumped it up, right? They pumped it up right into pre-market resistance at 345 And then they dumped it which caused the stock to double top, right? So when the stock double topped that was the first signal that there was blood in the water, right? We always talk about if you want to short a stock you want to have confirmation You want the stock to break down and you want to short bounces on these stocks So SAEX when we had these signals of a chat room buying it right into resistance a double top, right? A double top. We had a death candle, right? As soon as they sold it It went from like 340 to $3 death candle. So at this point, I'm telling myself Okay, all of these signals are there, right? This stock has now proved to me that it has confirmed So what happens next now? I look to either short pops on it, right short pops Using levels like the whole number three dollars using levels like the VWAP as my guide for the stock But the best the best trade on SAEX came from the death line So if you look at my watch this in the morning, I mentioned that it is a potential death line setup under two dollars and sixty cents So the big money trade is always the death line, right? That is one of my favorite setups It is one of the easiest patterns to recognize as a new trader Not every stock has a death line So don't think that just because the stock is up you're gonna find a death line there A death line is only valid when the stock has gapped up so massively, right? So massively so early and it breaks that support, right? We have videos on this I'm not gonna talk too much in detail But the point that I'm trying to make is this when SAEX double tops when SAEX had the death candle When SAEX broke down, right? It gave me the signals that okay This stock is now in trouble and even at even when it was touching the death line at two dollars and sixty cents It was still up a hundred fifty percent on the day So now we have a stock that is breaking death line We have a stock that has meat on the bone, right? It has more room to go down and what we did is all we did is we just shorted the death line, right? You short the death line You guys still see me? Can you give me like a thumbs up or something? I don't know if I'm back All right, I'm back. Okay. Sorry guys So sorry like everyone's like I guess everyone's home and like the internet shot up shot the hell So sorry about that. But yeah, the point is guys the point is is that all we need is one trade a day, right? I mentioned this to the guys in the room and I'm gonna mention it again Your goal right your goal when you're starting out is just to make ten cents a share guys If you make ten cents a share on a thousand shares you are a winner So let's go back to today, right? Had you shorted one thousand shares at two dollars and sixty cents today on SAEX That's a twenty six hundred dollar position, right? Had you shorted one thousand shares at two sixty It's a twenty six hundred dollar position The stock immediately when it broke death line it went down ten or twenty cents you cover and you make a hundred fifty and two hundred dollars On a twenty six hundred dollar position, right? If you keep repeating that over and over again, that's gonna be your nut And that's how you're gonna make money notice on a twenty six hundred position right one thousand shares You can make a hundred fifty to two hundred dollars, and then you call it a day What people don't realize is that you do not need a lot of money to trade guys You do not need a million dollar account. You do not need a six-figure account, right? And that's what people are kind of confused about too. I made a video on this on Monday and I guess I'll talk about it again today is People think that I trade with like a million dollar account People think that I trade with millions and millions and millions and the only way that I'm making thousands of dollars a day Is because I'm trading fucking millions The truth is is that I trade with a thirty five thousand dollar account The reason why I trade with a thirty five thousand dollar account is because you do not need much money in the stock market, right? If I'm shorting five thousand shares of a three dollar stock, right? That's only fifteen thousand dollars worth of equity that I'm using, right? So that's that that's like something to keep in mind and most of the time I'm not even using five thousand shares Right, I'm using sometimes less than that so that's number one number two is every time my thirty five thousand dollar account Gets to fifty thousand dollars. I wire out fifteen thousand dollars and pay myself I do this to help with my trainer psychology. I do this to make the money feel real and now People understand that you don't need a shitload of money guys You don't need a shitload of money what Brian does what Joe does what bow does what a lot of people do is Maybe they pull out their profits every Friday, right? If you are not paying yourself for the work that you're putting in it doesn't feel real Also, another thing is if your account keeps growing and growing and growing and growing and you don't pull it out You become sloppy, right? You become overconfident. You say shit. There's fucking a hundred K my training count I'm gonna lose 10 K. It doesn't matter. It's only fucking ten percent But if you have a thirty five thousand dollar account, you can't afford to lose 10 K You are more precise with your stops So for me having a smaller account of thirty five thousand dollars to me Keeps to be safe because now I feel like shit I can't even lose five thousand dollars because that's that that's gonna fuck up everything right that's gonna fuck up my account So it forces me to be tighter with my stops it forces me to be tighter with my risk So for all these people that think you need fucking millions and millions of dollars to trade if you had the $2,600 account and you shorted one thousand shares of fucking SAEX you would have made a hundred fifty dollars, right? You do that every single day for a month two months three months And that's how you make money guys everyone always thinks well when I first started I thought the same way, right? When I first started I thought that the only way to make a shitload of money in the stock market was to size up and to make To make 50 grand a day to make 60 grand a day to make 70 grand a day And that's the way that you're gonna make money what I've learned now is I make one to five thousand dollars a day Consistently working one hour a day I am not stressed which is leading to me being more happy in my real life Which is leading to me trading better because I don't feel any pressure on myself to perform guys Who's all make sense to you guys Today was a layup day man today was such a layup It's like it's like if you join at my seat and you watched one deathline video You would have been able to recognize the deathline setup and make back your membership plus more in one day And that's what people don't understand You are paying for the education you are paying to learn right my friend dan is a doctor He just got his diploma yesterday right he got his diploma yesterday for uh, he's gonna be like a surgeon or whatever so Imagine he had to go to school for ten years man ten years He had to go to school and you know his first job out of the hospital is paying him $3,000 a month right so imagine you go to school for three years for ten years and the first job you get is $3,000 a month whereas you could learn how to trade in a few months and make more than the highest level of doctor Or the highest level lawyer, but you have to remember that these people went to school for ten years So you go into training school for ten days. It's not really going to work Right, so you have to kind of put it into work right you have to be able to recognize that this is a long-term business Right, I've been doing this for six years now guys six years Right And I still feel like I have so much to learn I still feel like I'm not where I need to be But every single day that we see setups like the deathline I fucking I forgot about what low hanging fruit So what was actually another setup that again think about it. It was so easy, right? It was so easy that I even forgot to mention it So what was a low hanging fruit? What was a stock that tanked yesterday that was bouncing pre-market today? And if you look at my watch list, I even put out a video watch list for the members today and my video watch list said What the levels to short are 270 and three dollars the stock went to 270 pre-market Tanks at the open all the way down to like 230, right? So that right there if you short a thousand shares at 270 a 2700 dollar position, right? And you cover you cover at 230, right? You make 400 bucks like that like that And that's only with a thousand shares Again guys your goal is to make 10 cents a share. I see so many people on twitter I see so many fucking people say hey, why aren't you holding for an all-day fader? Don't you know that this stock is going to have offering don't you know that this shit is going to uh Don't you know that this shit's going to tank it has this in the filings it has this it has that and i'm like motherfucker You greedy fuck You don't realize that you are sitting there stressed for eight extra hours Trying to make an extra two or three hundred dollars Whereas i'm over here being done with my trading in one hour to me that extra couple hundred dollars Is not worth the extra stress load that happens because that stress is going to pour into the next trading bank guys People forget that traders are athletes, right? You don't have to be in physical best physical condition. You don't have to be in looking fucking sexy But you have to keep your shit together here, man This quarantine is making a lot of people go crazy, man, including myself I feel I mean it's I I have no problem talking about but I feel more alone than ever, right? I feel very lonely because i'm not able to hang out with most of my friends. I haven't seen my family in like fucking two or three months Uh So it's it's it's been kind of rough for me, right? I'm not a lot But what's been keeping me busy is that every single day i'm trying to refine myself every single day I'm trying to become a better version of myself So that when this quarantine ends I could be the best version of myself guys Let me kind of go through goes Let me kind of go through some of these questions If all of this stuff makes sense guys, can you please leave a like on the video? What is now down to 216 holy shit? Uh, what broker do I use? I use cobra trading MIC members get 25 off commissions at cobra trading which essentially makes your MIC membership free Do I miss trading big again? Absolutely not absolutely not I am making more money now trading a tenth of the size and working a tenth of the time That's it guys So I mean I want to keep these videos short and sweet. Um, I don't want to kind of bore you guys with nonsense But do you guys understand the point of what i'm trying to say? It took me years and years and years and years to get to this point, right? So the earlier you start the more edge will have Also reminder again today is tash's new member webinar, right? So if you are new or if you're on the fence or you don't know if MIC is right for you Come join the webinar watch the webinar. See what it's like inside MIC See what a day inside MIC is like we do this every single day at 2 p.m. Guys. I mean not every single wednesday at 2 p.m um Yeah, I mean another stress-free day made 35 3600 working one hour a day Now i'm going to go get some portuguese food relax join the webinar answer questions And that's it guys another day of sticking to my process and it rewarded me These are the days that I love the most bell actually mentioned it and he's like Dude today was such a stress-free day that we take it for granted, right? How many times have you made like a hundred dollars in a day or 50 dollars in a day? And you said damn this is so fucking easy and then you go and gamble it away because you want to make more money Oftentimes, uh, the best days or the best trades happen with the least amount of stress I mean to me, I don't care how much money I make I have no idea how much money I make every single month until the end of the month My goal every single day is to focus on my process to become the best version of alex that I could be And even if you're not into trading the community aspect of MIC is something that is essential to everyone man I am a loner. I am a very lonely person that stays to myself And without the family that we have at MIC, I wouldn't be where I am today So at the end they guys remember that Your success is a direct correlation of how much work that you put in Um, I'm definitely not the smartest guy, but you better believe that I'm the fucking hardest working guy out there, man I'm there fucking 18 hours a day helping members. I'm here. I have no reason to be making a video today I already made my video for the week, but I love it guys I want you guys to understand that the more you do the shit the more work that you put into yourself The more uh, you will become a better version of yourself, which will lead to making more money in the market The market has been so hot, man Everyone said that a bear market would be crazy and it would suck and no one would be making money Shit, man, I've been making more money in this bear market in the past three months And I made in the last three years, right? And that's because I've been studying and educating and learning for all this point To get to this level where I am now to be able to take advantage of these opportunities in the market The earlier you start the more edge you will have Faye is one of our new members that joined a month ago, right and she has a full-time job or Uh, she's just started trading and her strategy for joining m ic was she watched all the videos first, right? She educated herself first and then before you knew it She went from making 200 a day to 300 a to 3000 a day And I don't know if she wants me to tell anyone but last month she made around 45 grand Right, so imagine joining and putting in the work and obviously not everyone's going to have the same success as her Uh, she's very smart and she's very hardworking But you guys understand that the earlier you start, uh The more advantage you have One other time in american history Are you going to be forced at home where the government is giving you a 1200 check to stay at home, right? That's it guys I don't really have anything else to talk about. I mean i'm just Here hanging out All right guys, I think I'm going to wrap it up. I will see you guys at tosh's new member webinar at 2 p.m If you have any questions remember to text us at 213 458 5997 and That's it guys. I'm I'm really happy with my trading today. I have nothing nothing else to really make note of Stuck to my process stuck to the death line Didn't really deviate didn't touch the low floats Oftentimes I used to blow my account on these low float stocks But now I've created a process and m i c has helped me create a process to Just become a better trader. So That's it guys. Thanks for tuning in and I will see you at tosh's webinar at 2